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QUESTION 14 6 points Save Answer Norton Inc. had a credit balance in Retained earnings at the beginning of the year (January 1, 2018) of
QUESTION 14 6 points Save Answer Norton Inc. had a credit balance in Retained earnings at the beginning of the year (January 1, 2018) of $112,000. This is a positive balance. During 2018, Norton Inc. had: . Revenues of $45,000 Expenses of $57,000 Dividends of $6,000 What is the balance in Norton's Retained Earnings account on the 12/31/2018 balance sheet? A. $100,000 B. $124,000 C. $106,000 D. $118,000 E. $94,000 QUESTION 15 10 points Saved For each of the accounts below, please categorize it correctly as temporary or permanent. A. Temporary B. Permanent A. Supplies Expense B. Land A. Wages Payable B. Contributed Capital A. Revenue
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